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Stock impact report

Utah Medical Products (NASDAQ:UTMD) Is Increasing Its Dividend To $0.31 [Yahoo! Finance]

Utah Medical Products, Inc. (UTMD) 
US:NASDAQ Investor Relations: utahmed.com/investor.htm
Company Research Source: Yahoo! Finance
will be 1.6% higher than last year's payment of $0.305 which covered the same period. This will take the annual payment to 2.1% of the stock price, which is above what most companies in the industry pay. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Utah Medical Products' Projected Earnings Seem Likely To Cover Future Distributions We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. However, prior to this announcement, Utah Medical Products' dividend was comfortably covered by both cash flow and earnings. This means that most of its earnings are being retained to grow the business. If the trend of the last few years continues, EPS will grow by 2.6% over the next 12 months. If the dividend continues along recent trends, we estimate the payout ratio will be 33%, which is in the range that makes us comfortable with the sustainability of the dividend. NasdaqGS:UTMD Show less Read more
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